For this weeks Your Safe Money Show, I want to start by talking about when you turn seventy and a half, you have to start paying on tax deferred savings accounts. Turns out the oldest baby boomers reach that magic seventy and a half this week with more to follow. So I'll explain taking those RMD's (required minimum distributions) and what tax implications might follow.
I also found an eye opening article on how Americans feel that our economy is rigged, and more people are unhappy in retirement than ever before. We'll see why people feel the way they do on both topics.
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